Market Analysis
The global image sensor market will touch USD 16 billion at an 8% CAGR in the forecast period (2020- 2027), as per the latest Market Research Future (MRFR) report.
Drivers
Rising Concerns for Surveillance in Public Places to Boost Market Growth
The rising concerns for security and surveillance in public places such as railway stations, malls, public squares, and parks coupled with rising terrorist attacks will boost market growth over the forecast period.
Opportunities
Adoption in Medical Imaging to offer Robust Opportunities
Medical diagnostics is a surging application field for image sensors. The growing scope for imaging diagnostics in the medical industry is likely to improve the market that is mainly driven by applications of image sensors in X-ray imaging and endoscopy. The emerging endoscopy solutions like disposable endoscopes and capsule endoscopy are poised to boost market growth. A rise in therapeutically treated ailments like gastrointestinal diseases and cancer and growing patient preference for minimal abrasive surgeries is boosting endoscopy applications worldwide.
Read more@ https://www.marketresearchfuture.com/reports/global-image-sensor-market-956
Key Players
Eminent players profiled in the global image sensor market report include Sony Corporation (Japan), Samsung Semiconductor Inc. (South Korea), OmniVision Technologies Inc. (U.S.), Aptina Imaging Corporation (ON Semiconductor) (U.S.), Himax Imaging (Taiwan), GalaxyCore Inc. (China), SK Hynix Inc. (Korea), and STMicroelectronics N.V (Switzerland) among others.
